Study Finds the Odds of a Child Moving Up Economic Ladder Haven't Changed in Recent Decades

The odds of a child moving up the economic ladder have remained about the same for the past three decades, according to a comprehensive new study that contradicts the narrative in Washington that economic mobility has declined in recent years.

Politicians of both parties have asserted in recent months that it has become harder for a child from a low-income family to eventually be among the highest wage earners in the country.